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Indo-Pak talks on IPI fruitful

	April 28, 2008

After a year-long deadlock, India and Pakistan are close to reaching an agreement on the 2,773 km India-Pakistan-Iran gas pipeline project that would cost around $7.3 billion. India and Pakistan had a detailed discussion last week on various contentious issues including the structure of the pipeline company which would execute and manage the project, transportation tariff and transit fee. “Consensus was arrived at on the principles on which the bilateral agreement will be concluded. The two ...